Pelham Court is a strip retail center in a growing area of Greenville, SC. Carolina Capital (CC) purchased the property in July 2019 and sold it in September 2021.
CC’s investment objective was to acquire a stabilized retail property with a diverse and established tenant mix in a thriving Greenville sub-market. The center was acquired at an attractive yield and CC was able to create additional value through leasing and strategic asset management.
CC held the asset as part of their inline retail and stabilized income portfolio.